Case study

BANKINDIA

Bank of India

Worth a closer look1y model +4.7%

Each stock's 10,000-path forecast, rendered as light.

69Score

Bank of India (BANKINDIA) Stock Analysis & Case Study

Is BANKINDIA a good buy? The data-driven verdict.

Bank of India (BANKINDIA) trades at ₹145,on the numbers it worth a closer look, a Downstox Snapshot Score of 69/100.

On the numbers, Bank of India (BANKINDIA) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 5.6× earnings, ROE of 12.4%, a 56% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

BANKINDIA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹66,014 Cr
Current price
₹145
P/E ratio
5.6×
P/B ratio
0.73×
Book value
₹200
Dividend yield
3.21%
ROCE
5.9%
ROE
12.4%
Piotroski F-Score
6/8

How BANKINDIA ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for BANKINDIA, as of 9 Aug 2026, so it is not ranked here.

Is BANKINDIA overvalued? BANKINDIA P/E vs peers

BANKINDIA trades at 5.6× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

BANKINDIA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BANKINDIA history (3%/yr drift, 32%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
BANKINDIA 2027₹100₹152₹230+5%
BANKINDIA 2028₹88₹159₹287+10%
BANKINDIA 2029₹81₹166₹340+15%
BANKINDIA 2030₹75₹174₹404+20%
BANKINDIA 2031₹71₹182₹470+26%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability BANKINDIA goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
62%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹290 within 5 years

The bull case for BANKINDIA

  • BANKINDIA's P/E of 5.6x is lower than 93% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 0.73×, the market is paying little over the company's net assets.
  • BANKINDIA's return on equity of 12.4% ranks in the 61st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BANKINDIA's dividend yield of 3.2% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹340.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹81.

BANKINDIA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years BANKINDIA compounded at 3%/year with annualized volatility of 32%. That volatility implies a 1-year 80% range of ₹100-₹230, the honest backbone behind any single price target.

BANKINDIA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
4.7%
80% range₹100-₹230
P(price ↑)56%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
14.8%
80% range₹81-₹340
P(price ↑)60%
P(price 2×)16%
5-Year Forecast
2031
₹0
Median (P50)
25.8%
80% range₹71-₹470
P(price ↑)62%
P(price 2×)26%

BANKINDIA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
BANKINDIA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds BANKINDIA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the BANKINDIA price target & forecast page.

BANKINDIA Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BANKINDIA scores 6/8, mixed financial health.

BANKINDIA MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy BANKINDIA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox27.72%3.6×
Zerodha26.60%3.8×
Groww26.67%3.7×
DhanCHEAPEST25.00%4.0×
Kotak NeoCHEAPEST25.00%4.0×
Paytm Money25.03%4.0×
Pocketful31.52%3.2×
Anand Rathi31.20%3.2×
Bajaj BrokingCHEAPEST25.00%4.0×
Share India31.31%3.2×

Compare every broker on the BANKINDIA MTF page.

About Bank of India: sector, index & market-cap context

Bank of India (BANKINDIA) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹66,014 Cr. See more stocks on our screener.

How the BANKINDIA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Bank of India's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

BANKINDIA analysis, FAQs

Is Bank of India (BANKINDIA) a good buy?

On the numbers, Bank of India (BANKINDIA) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 5.6× earnings, ROE of 12.4%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is BANKINDIA overvalued or undervalued?

BANKINDIA trades at 5.6× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the BANKINDIA share price target for 2031?

BANKINDIA's probability-weighted 2031 median target is ₹182, with an 80% range of ₹71-₹470 (10,000-path Monte-Carlo).

What is the probability BANKINDIA doubles in 5 years?

The modelled probability of BANKINDIA reaching ₹290 (2×) within 5 years is 26%.

What is the bull case for BANKINDIA?

BANKINDIA's P/E of 5.6x is lower than 93% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 0.73×, the market is paying little over the company's net assets. BANKINDIA's return on equity of 12.4% ranks in the 61st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in BANKINDIA?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on BANKINDIA